MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.70

+0.7%

4:00 PM EST

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To: StockOperator who wrote (12206)	4/28/1999 1:07:00 PM
From: Compadre	Read Replies (1) of 99985

SO: I took me a while to catch up with all the posts this morning, and I have to say I am surprised at all the agreements in this thread outnumbering disagreements. May that be an indicator? Is that a sign of nasty things to come? In addition to the utilities that you mentioned I want to point out the OIX is up 2.7% today after a similar surge yesterday. Transports rallying also. But all this look like rotation more that widening of a rally. I don't want to sound pessimistic, but the volume is high again in the NAZ, even NYSE volume picked up. Regards, Jaime

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